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Dec 19, 2012
12/12
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now back to washington d.c. whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is an economy. i would put p it into one perce and you hear people talk about the numbers. but underneath the numbers you have to worry about the quality of the policy. it is the worst way to raise revenue, and that is attribute to the fact that the politics are trumping the politics right now. >> in economic turns if you put a 39.6% tax rate on millionaires and above, if you do that, would that be the least ownerous thing you have heard so far? >> i think the goal should be, the least we've seen so far. but it didn't get a g
now back to washington d.c. whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is...
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Dec 28, 2012
12/12
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we'll be right back from washington >> the white house meeting has concluded. congressional leaders are back on capitol hill right now. comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action now moves over to the senate. this meeting started according to senior administration official with president obama reiterating a proposal that he had put on the table on friday. last friday, calling to keep tax rates where they are for income amount of less than $250,000 a year and to extend long term unemployment insurance benefits. that at least as itself would probably not be something that could pass the house. so negotiations would
we'll be right back from washington >> the white house meeting has concluded. congressional leaders are back on capitol hill right now. comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house...
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Dec 28, 2012
12/12
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all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they had whatever mandate they did have after the election, house to be the opposition party, to stand for core limited government principles and not sell us down the river. particularly all the small business operators and entrepreneurs trying']jñ to kep their head above water. >> thank you very much. have great weekend. >> you too. >>> we have senate minority leader mitch mcconnell existing the meeting now. we're going to keep our eye out and hopefully one of these guys comes to a camera. in the watch it. former president george bush bush remains in intensive care but good news regarding his condition. we'll have the lates
all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they...
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Dec 28, 2012
12/12
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compromise strategy in washington -- kind of compromise strategy in washington. >> i'm still confident we can beat the clock and deliver on middle class tax cuts. >> reporter: i asked him to give me one word to describe his feelings entering this fiscal cliff shark tank. >> excitement. >> reporter: s this doomsday. >> but i'm confident -- this is doomsday. >> but i'm confident that congress will see the will of the people. >> reporter: he says he's excited about making sure his supporters know he is ready to hit the pavement running. one supporter in particular. >> my own mom at christmas dinner told me do not raise my taxes. she is following just like other americans what's going to happen with the fiscal cliff. >> reporter: representative elect swalwell says his new office in d.c. won't be much bigger, but the responsibilities monumental. his message? >> mom, i'm working for you. i'm receiving your text messages and i'm going to make sure that i stand up for you and the people who i grew up with. >> reporter: swalwell will be the second youngest member of congress when he's sworn in
compromise strategy in washington -- kind of compromise strategy in washington. >> i'm still confident we can beat the clock and deliver on middle class tax cuts. >> reporter: i asked him to give me one word to describe his feelings entering this fiscal cliff shark tank. >> excitement. >> reporter: s this doomsday. >> but i'm confident -- this is doomsday. >> but i'm confident that congress will see the will of the people. >> reporter: he says he's...
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Dec 21, 2012
12/12
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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Dec 28, 2012
12/12
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WUSA
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hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull them over but the police did not pursue them. still, they kept driving down this road i mean they were zigging and zagging out of traffic. a very dangerous situation. then they started going so fast that they sped out of control and when they tried to turn here on to southern avue they crashed into a metrobus. you see that one passing right there. and it was a head-on crash. so just take a look at what it looked like. i mean, this stolen nissan maxima was completely crushed in the front. the bus fared far better but both the driver and one passenger were taken
hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull...
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Dec 1, 2012
12/12
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smith goes to washington. they want it it to be like jimmy stewart where they had to go to the floor and stand on your principles. now, unfortunately, the filibuster is used secretly behind closed doors to stop debate to prevent us from even having a vote. that has nothing to do with what americans understand as a filibuster and there's no reason to allow the abuses to continue. >> well, it means that if they were to filibuster, they have to go to the floor and do as you say, mr. smith goes to washington, and talk endlessly until some conclusion. what do the changes mean for democratic bills, do you think? >> it could mean a lot. many of the bills that democrats have proposed have majority support. they can win in the senate. the problem is they can't get to the 60 votes that would required to break a filibuster or to force a vote. and so all that's being proposed here is to say, look, if you want to do a filibuster, you have to be public about it, you have to go to the floor, you have to speak openly about wh
smith goes to washington. they want it it to be like jimmy stewart where they had to go to the floor and stand on your principles. now, unfortunately, the filibuster is used secretly behind closed doors to stop debate to prevent us from even having a vote. that has nothing to do with what americans understand as a filibuster and there's no reason to allow the abuses to continue. >> well, it means that if they were to filibuster, they have to go to the floor and do as you say, mr. smith...
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Dec 5, 2012
12/12
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welcome to "the ed show" live from washington, d.c. tonight, breaking news from the nation's capital. house democrats are turning the screws on house speaker bain. this is "the ed show." let's get to work. >> unfortunately, the speaker's proposal is still out of balance. >> the president responds to john boehner, but democratic leader nancy pelosi has a plan to get around the speaker. tonight, leader pelosi joins me for an exclusive interview. >>> senator john kerry like you have never seen him before. the statesman from massachusetts scolds the radical right after senate republicans block a u.n. treaty on rights for the disabled because they are concerned about home schooling. you don't want to miss this tape. >>> plus my interview with ohio senator sherrod brown on what looks like a massive win for progressives and elizabeth warren. >>> then senator debbi stabenow of michigan on the latest in the fight to end republican obstruction. and the people creating petitions on the white house website are getting more and more creative. we'll
welcome to "the ed show" live from washington, d.c. tonight, breaking news from the nation's capital. house democrats are turning the screws on house speaker bain. this is "the ed show." let's get to work. >> unfortunately, the speaker's proposal is still out of balance. >> the president responds to john boehner, but democratic leader nancy pelosi has a plan to get around the speaker. tonight, leader pelosi joins me for an exclusive interview. >>>...
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Dec 22, 2012
12/12
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because what is happening in washington right now is not a standoff. it's not a fight between the two parties. it is a breakdown inside one of the two parties wherein their own elected leadership not only isn't in charge of their own side, their own elected leadership doesn't even know who is on their side. i mean, in terms of the serenity prayer, john boehner and eric cantor do not have the wisdom to know the difference. mathematically speaking. >> do you think you have the votes to pass plan b among republicans? >> yes. we're going to have the votes to pass both the tax -- permanent tax relief bill, as well as the spending reduction account. >> i am not convinced at all that when the bill passes the house today, that it will die in the senate. >> you know, the bill never got to the senate because it never passed the house because it turns out you guys didn't have the votes to pass it in the house. and the most important thing here is that you thought you did. you counted wrong. you thought you had the votes and you didn't. you did not know that you w
because what is happening in washington right now is not a standoff. it's not a fight between the two parties. it is a breakdown inside one of the two parties wherein their own elected leadership not only isn't in charge of their own side, their own elected leadership doesn't even know who is on their side. i mean, in terms of the serenity prayer, john boehner and eric cantor do not have the wisdom to know the difference. mathematically speaking. >> do you think you have the votes to pass...
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Dec 23, 2012
12/12
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host: worst week in washington. when you make a public threat, you had better be able to back it up. guest: the washington wizards ended up losing by ridiculous amounts to several teams, but this was a monumental embarrassment to the speaker. host: i want to make sure i get the total -- the title of this book correct, because i did not get it right a few weeks ago. how much does the government spends, and how much is $16 trillion? the size of the current debt? guest: revenues will be about $2.80 trillion, and the deficit will be about $1 trillion for fiscal 2013, and that assumes that some of the fiscal cliff does not happen and we do not reduce the deficit. national debt, about $16 trillion. the debt held by the public, what would you say, about $13 trillion? that is not the debt held by the social security trust fund and some of the other trust funds. it is not unprecedented. we have had it several times before. we talked about it last week. it is not the nominal size of the debt. it is self us to the debt is grow
host: worst week in washington. when you make a public threat, you had better be able to back it up. guest: the washington wizards ended up losing by ridiculous amounts to several teams, but this was a monumental embarrassment to the speaker. host: i want to make sure i get the total -- the title of this book correct, because i did not get it right a few weeks ago. how much does the government spends, and how much is $16 trillion? the size of the current debt? guest: revenues will be about...
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Dec 31, 2012
12/12
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. >> and do people in washington, to they realize how angry a lot of americans are? we're down to the wire on a financial crisis that we haven't seen in a long, long time, and there's no agreement. they're scrabbling like kids. do they understand how people feel out >> stuart, legitimate comments and certainly, i heard comments like that over christmas and i'm sure a lot of lawmakers heard from constituents, family members, friends, similar things and off camera i've talked to senators today who just said we should be able to work out a deal. now? can you assess the tax rate at half million dollars, we give in on that, they give in on this and we should be able to pull into a deal. anytime we get to a point, number one, there's not any kind of trust between senate majority leader mitch mcconnell and harry reid and he went over his head to vice-president to see at the final hour. >> remember you had group work and somebody in the group waited until the last minute to get their work done. makes you so mad. it's not as if congress didn't know it's not coming, understand
. >> and do people in washington, to they realize how angry a lot of americans are? we're down to the wire on a financial crisis that we haven't seen in a long, long time, and there's no agreement. they're scrabbling like kids. do they understand how people feel out >> stuart, legitimate comments and certainly, i heard comments like that over christmas and i'm sure a lot of lawmakers heard from constituents, family members, friends, similar things and off camera i've talked to...
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Dec 27, 2012
12/12
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WBAL
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president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain involving tax reform entitlement changes in a matter of days. >> even starbucks is getting involved, right in "come together" on its cups. speaker john boehner is sitting the route out after failing to get house republicans to support his own plan. >> i think john boehner is being controlled, unfortunately, by the right wing. >> that leaves it up to majority leader harry ring in the red -- harry reid in the rest of the senate to find a solution. harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so yo
president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain...
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Dec 27, 2012
12/12
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there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the house has acted on two bills which collectively would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction. the house is literally phoning it in, tomorrow's conference call will reportedly include th
there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the house has acted on two bills which collectively would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the...
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Dec 8, 2012
12/12
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next, live, your comments on "washington journal." can we will hear from bradley manning, who is accused of nasa securities violations in the wikileaks case. >> the supreme court will look at what was passed in 2008 and they will say that is precedent. >> they decided on the indiana case that it was constitutional for them to establish id. they did not say that all of those states were -- >> let me finish. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that voter i.t. laws disproportionately affect minorities, it -- voter id lost disproportionately affect minorities, it says there is something wrong here. white people can get voter id. what are we telling black people? that we are not good enough? we always have to make special -- there has to be a specialness when we deal with minorities because they are too feeble minded and we have to make concessions for them because they cannot follow the rules like everybody else. when you treat people like victims, to not think they wa
next, live, your comments on "washington journal." can we will hear from bradley manning, who is accused of nasa securities violations in the wikileaks case. >> the supreme court will look at what was passed in 2008 and they will say that is precedent. >> they decided on the indiana case that it was constitutional for them to establish id. they did not say that all of those states were -- >> let me finish. you misrepresented what i said. the supreme court is the law...
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Dec 21, 2012
12/12
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tonight washington republicans are wasting our time. republicans are supposed to vote on john boehner's infamous plan b at this hour. the house is in recess as republican leaders basically are scrambling to get all the votes. house speaker john boehner pushed for a vote on the bill even though it has no chance of surviving in the senate. it would be veet 0ed by the president if it did. boehner's plan b. it makes tax increases permanent for income above $1 million. compared to the white house plan, basically, folks, it's a joke. president obama proposed a $2.5 trillion package. $1.2 trillion would come from spending cuts. $1.3 trillion would come from tax increases. plan b only includes $1 trillion in tax revenue and the rest of course is unspecified. it also includes no deal on raising the debt ceiling. president obamas latest offer takes the debt ceiling off the table for the next two years, which i think most americans want. boehner flat out lied to the american people today when he announced tonight's vote. >> president obama and sen
tonight washington republicans are wasting our time. republicans are supposed to vote on john boehner's infamous plan b at this hour. the house is in recess as republican leaders basically are scrambling to get all the votes. house speaker john boehner pushed for a vote on the bill even though it has no chance of surviving in the senate. it would be veet 0ed by the president if it did. boehner's plan b. it makes tax increases permanent for income above $1 million. compared to the white house...
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Dec 27, 2012
12/12
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this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights h
this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing,...
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Dec 18, 2012
12/12
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what will it really are take to get work down in washington, d.c. richard wolf, vice president and executive editor of msnbc.com. paul barrett, senior writer and author of book "glock." and the book that made head lines across the country. gentlemen, i want to start with you. "the washington post" has reported that the president has put the vice president in charge of putting a stop to violence. yesterday, the president met with biden, along with other cabinet members to discuss this issue, along with arne duncan there, we see kathleen sebelius there, eric holder to formulate a plan. how many opportunity is there for something to get done, with public sentiment the way it is after newtown? >> well there say window, people are obviously outraged at what happened. while there is a political will to do something, they have to move and they have to act. they have to get through the fiscal. there may be talks about sb immigration as well. so it's a bit crowded right after the honeymoon. second-term honeymoons do lot last long. a moment they have to seize
what will it really are take to get work down in washington, d.c. richard wolf, vice president and executive editor of msnbc.com. paul barrett, senior writer and author of book "glock." and the book that made head lines across the country. gentlemen, i want to start with you. "the washington post" has reported that the president has put the vice president in charge of putting a stop to violence. yesterday, the president met with biden, along with other cabinet members to...
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Dec 23, 2012
12/12
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msnbc political analyst david corn is the washington bureau chief for "mother jones" magazine. are you comfortable with what the nra put forward today? >> absolutely. this is the only answer. more guns equals less crime. if we don't arm the teachers and have guards, this is going to happen again. >> do i understand your view that it would be a requirement for teachers? >> what if i'm a teacher who does not know how to carry a firearm? i'm not proficient and i don't want anything to do with guns. >> i don't want my kid in your school. >> wow, really. >> i'll send my kid to another school. >> so to a person whose pursuing a career in education, going to college with that desire because they want to school young people, they would also need to be trained and comfortable with the idea of carrying a weapon? >> unfortunately, this is the world we live in. >> this is not a panacea. >> wait a minute, david. with that logic, why not arm the students as well. >> the students are children. >> an 18-year-old high school senior. i mean by your logic they, too, should all be carrying weapons
msnbc political analyst david corn is the washington bureau chief for "mother jones" magazine. are you comfortable with what the nra put forward today? >> absolutely. this is the only answer. more guns equals less crime. if we don't arm the teachers and have guards, this is going to happen again. >> do i understand your view that it would be a requirement for teachers? >> what if i'm a teacher who does not know how to carry a firearm? i'm not proficient and i don't...
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Dec 21, 2012
12/12
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on the other side from "the washington post." beverly is joining us from illinois on the democrats' line. what happens next? caller: hello. i think what needs to happen next -- i am a democrat and i support the president. i respect the president of the united states no matter who they are and whether i agree with him or not. what happens next? i will tell you what. i do not know. here is why i do not know. we are not acting like americans altogether. we have a series of terrible events offer this year. it has been one thing after another. the president has walked into a situation, and it is almost like he is all alone and he walks through a dark place. he is not getting much help. the situation was not caused by him. he is trying his best to solve it. we have to work together. i will tell you that i am not very -- i feel very sad. i have watched the election. i have watched everything and tried to be informed it. where are they coming from? where are we coming from? what i see is all of this craziness. i do not know what else to
on the other side from "the washington post." beverly is joining us from illinois on the democrats' line. what happens next? caller: hello. i think what needs to happen next -- i am a democrat and i support the president. i respect the president of the united states no matter who they are and whether i agree with him or not. what happens next? i will tell you what. i do not know. here is why i do not know. we are not acting like americans altogether. we have a series of terrible...
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Dec 21, 2012
12/12
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the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows were down 3%. in the s&p. so we closed down about 1% here and so here's a situation where i think the options market kind of has this a little bit. the six futures curve started ticking up earlier in the week in kind of a precursor to some of the equity weakness we saw today. in a lot of senses a pretty quarterly sellover. >> i agree with that. one of the things we saw in the options market. we've spoken about this many times. there are holidays coming up, if you back the holidays out, we're expecting greater than expected volatility at a time when
the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows...
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>> they get assimilated by washington. the washington culture is than talking the language of big government, and it is a deadly, demoralizing language. echoes the demoralization of the media and the -- lou: let's raise some hell, george. let's raise some hell and get some people focused on the right things here. always great to talk to you. >> thank you. lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents can give their kids -- making sure they get active at least 60 minutes each day. studies sh that physical activity not only helps kids stay heahy, it can enhance
>> they get assimilated by washington. the washington culture is than talking the language of big government, and it is a deadly, demoralizing language. echoes the demoralization of the media and the -- lou: let's raise some hell, george. let's raise some hell and get some people focused on the right things here. always great to talk to you. >> thank you. lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's...
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Dec 29, 2012
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. >> coming up, who do americans blame for the stalemate in washington? good afternoon to you. i'm craig melvin. you are watching msnbc, the place for politics. this hour we are going look at the big picture. what's happening on capitol hill right now and how congressional leaders are working with the white house. plus, what it all means for your paycheck as higher payroll taxes are only days away unless congress acts. one step forward, two steps back. president obama and republican lawmakers have been dancing that waltz for six weeks now, but the music stops when the countdown clock at the bottom of your screen runs out. so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conj
. >> coming up, who do americans blame for the stalemate in washington? good afternoon to you. i'm craig melvin. you are watching msnbc, the place for politics. this hour we are going look at the big picture. what's happening on capitol hill right now and how congressional leaders are working with the white house. plus, what it all means for your paycheck as higher payroll taxes are only days away unless congress acts. one step forward, two steps back. president obama and republican...
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the american people want to compromise an make washington work. he said it again and put out a specific offer. all we have heard from the president is a hard-line wasno negotiation on the tax side and not e word about the entitlement reforms that would have to match that for this plan to make any sense. and it is that absence of lead on the spending side nd unwillingness to make compromises that will actually get als done and have washington auction again that i think our marks aginst this lame-duck session. lou: you have projected, the action form has projected 10 million prospect of possibly 10 million people losing jobs, 10 percent unemployment. a 4% reduction in gdp if we go over that cliff. correct? >> that is absolutely right. i mean, this is a big tax increase. 's a big spending cut. more importantly, if you look at the debt ceiling debate, we saw a sharp drop in conser confidence and we saw hat today in te december number. a sharp drop in consumer confiden, and you also will see a big financial market disruption. those are genie's you cann
the american people want to compromise an make washington work. he said it again and put out a specific offer. all we have heard from the president is a hard-line wasno negotiation on the tax side and not e word about the entitlement reforms that would have to match that for this plan to make any sense. and it is that absence of lead on the spending side nd unwillingness to make compromises that will actually get als done and have washington auction again that i think our marks aginst this...
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Dec 27, 2012
12/12
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. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capi
. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor...
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Dec 24, 2012
12/12
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mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a colleague in rand paul, who is a tea partier. you put all those factors together and it could be that mcconnell may have to step up because that is what you have to do to get some sort of deal at the moment, we have not seen that happen. host: from mark williams, what will be specifically affected in the economy if we go over the cliff? guest: instead of giving you my own numbers, let me use the congressional budget office estimates. if we go over the cliff, and if the clip stays in place for the whole year -- clef stays in place for the whole year, gdp will go into
mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a...
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Dec 28, 2012
12/12
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big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire, the white house launched a whole campaign about $40 a paycheck. they asked families to send in their stories about what $40 meant to them. well, you know something? $40 a still a lot of cash for the families hit hardest by the great recession. for the wealthy people sitting around the negotiating table in d.c., $40 is just another steak dinner for one. but for many people who voted them into office, it's the cost of groceries for a week of family dinners. let's not forget, they are the ones who still need an economic stimulus, not the families earning more th
big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire,...
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Dec 22, 2012
12/12
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i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their ams arund this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looing at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when th can least afford it. there a lot of tax increases are going to hit this economy hard. we need to b
i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a...
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but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of that? >> the president has been very clear. he is hell-bent to raise taxes massively on those very wealthy folks made making over $250,000. bearer 80% of small businesses, in and exactly the time when we are depending on them to create two thirds of the new jobs in our country desperately needs. gerri: the republicans are in the way of a settlement. i want to hear what he said today. here is the president. >> we can probably solve this in a week. it is not that tough. but we need that conceptual breakthrough that says that we need t
but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of...
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Dec 30, 2012
12/12
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. >>> outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if they're disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-boggling to them. >> you know, the president seemed to be much more comfortable in the white house briefing room today using the bully pulpit saying enough is enough. >> he did. i thought he sounded like a man he know s who holds if not all the cards a lot of them. the public tends to blame republicans when this happens, especially now at a time when overall on the house side you have so many republicans who are so far right and worried about somebody farther right running against them in primaries that john boehner is having a hard time getting them to agree to his packages like plan b last week. we don't know out here on the public how much has changed since last week, but president obama was saying something he was pl
. >>> outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if they're disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-boggling to them. >> you know, the president seemed to be much more comfortable in the white house briefing room...
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Dec 7, 2012
12/12
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listen, washington has a spending problem, not a revenue problem. and if the president doesn't agree with our proposal, i believe he has an obligation to families and small businesses, to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> speaker, you spoke with the president earlier this week. can you characterize this call? if he called, did he have any kind of counteroffer? and also, we understand that he's just making clear that it's got to be increase in rates for the wealthy or no deal. are you willing to give a little bit, maybe just not all the way to 39.6? >> it was -- the phone call was pleasant but was just more of the same. the conversation that the staff had yesterday, just more of the same. it's time for the president, if he's serious, to come back to us with a counteroffer. >> mr. speaker, the jobs report today indicated unemployment is down roughly a full point from last time at this year. a lot of people say that if no deal happens it coul
listen, washington has a spending problem, not a revenue problem. and if the president doesn't agree with our proposal, i believe he has an obligation to families and small businesses, to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> speaker, you spoke with the president earlier this week. can you characterize this call? if he called, did he have any kind of counteroffer? and also, we...
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Dec 28, 2012
12/12
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...